Settings8H · net · $10k
Funding arb · Price arb /

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h −0.030%
Price spread now: Vest against Extended−0.017%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Vest: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XCU-USD6.81740.0032pay 0.0004% / 1h26m 14s$276K$2.4M20x
ShortVest HG-PERP6.81620.0046get 0.0006% / 1h26m 14s$82K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest against Extended. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$2.87
Price spread: −0.017% → 0.000%
−$1.7
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Vest: 1 bp × 2 orders
−$2
Net
−$5.83
Costs to cover
0.070%
Break-even
21.2 days
Slippage unknown: Extended: live order book, 2 min ago; Vest: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 2 min ago0.95 bp4.5 bp −$454.6 bp −$546doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

COPPER on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_XCUUSD−0.0481%1h6.8162−0.017%$34K$176K20xas long as short
BloFin COPPER-USDT−0.0060%4h6.8130−0.064%$88K$138K100xas long as short
tradeXYZ xyz:COPPER−0.0019%1h6.8149−0.036%$10.5M$4.9M20xas long as short
QFEX COPPER-USD−0.0001%1h6.8160−0.020%$1.5M$130K20xas long as short
Aster XCUUSDT0.0000%4h6.8181+0.012%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8167−0.010%$9.2M$33.3M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8116−0.084%$490K$965K50xas long as short
Gate XCU_USDT0.0000%8h6.8010−0.240%$1.3M$528K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8160−0.020%$26.1M$4.7M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8140−0.049%$2.9M$2.0M100xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni COPPER0.0000%4h6.8164−0.013%$739K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8240+0.097%$87K$2.3M25xas long as short
SunX COPPER-USDT0.0000%4h6.8150−0.035%$6.6M20xas long as short
HTX COPPER-USDT0.0000%4h6.8160−0.020%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8150−0.035%$4.2M$80K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8166−0.012%$178K250xas long as short
edgeX COPPERUSDC+0.0003%4h6.8200+0.039%$95K$317K20xas long as short
Phoenix COPPER+0.0023%1h6.8217+0.064%$45K$23K20xas long as short
Lighter XCU+0.0032%1h6.8232+0.086%$477K$40K20xas long as short
Extended XCU-USDlong+0.0032%1h6.8174long leg$276K$2.4M20x
Vest HG-PERPshort+0.0046%1h6.8162−0.017%$82K25x
Paradex XCU-USD-PERP+0.0050%8h6.8141−0.048%$1K$2K5xas long as short
SoDEX COPPER-USD+0.0050%1h6.8138−0.052%$902$3K20xas long as short
Ondo Perps COPPER-USD.P+0.0050%1h6.8222+0.071%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8156−0.026%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8180+0.009%$278K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8210+0.053%$3K10xas long as short
Aevo COPPER-PERP+0.0104%1h6.8157−0.024%$31210xas long as short